You can now lease a new for less than a Civic. With a new Labor Day discount for up to $14,250 in potential savings, the Honda Prologue SUV is a better lease deal than the Civic. Honda’s first electric SUV began hitting US dealerships this March.
Through July, Honda has sold nearly 5,000 Prologue models in the US, 3,458 of which were alone. Based on GM’s Ultium platform (powering new Chevy, Cadillac, and GMC EVs), the Honda Prologue gets up to 296 miles range. According to Honda, it has the “highest standard driving range in its class.
” Although it uses the same platform, Honda fine-tuned it to make it unique. Honda added multi-link front and rear suspensions while infusing its signature design touch. Starting at $47,400, the 2024 Honda Prologue is already below the average transaction price (ATP) for a new vehicle in the US.
According to , the new-vehicle ATP was $48,644 in June. Ahead of Labor Day, Honda just made the Prologue even cheaper. According to online car research firm , Honda introduced a new Labor Day Dealer Cash on August 28, 2024, on all Prologue leases.
With up to $14,250 in potential savings, the Honda Prologue is even cheaper to lease than a Civic. The 2024 Honda Prologue EX can be leased for $299 per month (36 months). A $1,000 lease bonus (loyalty and conquest) drops the monthly rate to $269.
With $1,999 due at signing, the effective rate is $325 per month before the $750 Labor Day Dealer Cash discount is applied. The Honda Civic LX is listed at $2.